Tether (USDT) is set to release a fully decentralized tokenization platform to the public, as announced by Paolo Ardoino, the CEO of the stablecoin issuer. Ardoino describes the upcoming platform as a “masterpiece” that is fully non-custodial, supports multiple chains, and allows for customization. The platform will enable users to tokenize a wide range of assets, from bonds and stocks to coffee shop reward points. Ardoino emphasizes that this platform is built on Tether’s technology, which currently supports over $107 billion worth of USDT. Additionally, the tokenization platform will integrate with Bitcoin layer-2 projects RGB and The Liquid Network.

Ardoino highlights the real-world use case of USDT, stating that it is widely used in emerging markets by millions of people who face rapid devaluation of their local currencies. Many of these individuals do not have access to traditional banking services, making USDT their primary means of storing and transacting value.

Earlier this year, Tether faced allegations from a UN-associated agency that USDT was being utilized by criminals for money laundering and fraudulent activities in certain parts of Asia. Tether strongly refuted these claims.

In conclusion, Tether’s upcoming non-custodial tokenization platform aims to provide users with a versatile and customizable solution for digitizing various assets. With its widespread adoption and real-world use case, USDT continues to play a significant role in providing financial access to individuals in emerging markets.